Fans of Target know the best way to cash in on savings is to hold a Redcard, the retailer's branded credit card. Shoppers can use it for free shipping and to save 5 percent on each and every purchase they make.

But Target is now testing a loyalty program that will give cash back to every single customer—no credit card necessary. And did we mention the serious discounts?

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The program is being called "Target Red," and customers in the Dallas-Fort Worth area are the first shoppers to sign up. Customers who have enrolled in the free program can earn 1 percent back on each Target purchase they make, and those savings will be redeemable on future purchases, according to Target's corporate blog.

Getty: Bloomberg / Contributor

And that's not all. Diehard Target fans will be happy to hear that the new loyalty program will eliminate the $5 delivery fee for any Restock order, a program where shoppers can fill a 45lb box with grocery essentials and have it delivered by the next day.

Signing up seems like a no-brainer, but Target hasn't made it clear when (and, sadly, if) they plan to roll out Target Red to customers outside of the Dallas-Fort Worth area.

Target's Redcard had experienced growth up until 2013's massive data breach—but a spokesperson said the retailer is hoping this will entice more shoppers to sign up for a credit card, the Minneapolis Star Tribune reports.

Shoppers are able to use Target's Cartwheel program to find discounts and deals until Target Red becomes a reality for all of those shoppers who simply can't resist a trip to the Bullseye.